BREAKOUT OF SUPPORT WILL LEAD TO LOWER BB@130
Updated
CS moving toward the continuation of the downtrend. Break out support the dot lines will continue dropping estimate to lower BB at 130.50.
D1 Support is strong support it will be pullback for some time before it again tests the support, a strong uptrend in USD will give an opportunity
to break the support and go direct to lower BB.
D1 Support is strong support it will be pullback for some time before it again tests the support, a strong uptrend in USD will give an opportunity
to break the support and go direct to lower BB.
Note
Closing Friday there was a pullback, but looking at the DXY/USD shows strength meant the pullback is a fake and it was a movement to go more until reach the lower BB.Trade closed: target reached
As expected it reach D1 Support and try to make a Break Out (BO) as DXY USD make a strong movement to continue the uptrend.
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